Investment Trusts

Greencoat UK Wind PLC

UKW:LSE

Greencoat UK Wind PLC

  • Price (GBX)140.60
  • Today's Change-1.40 / -0.99%
  • Shares traded1.99m
  • 1 Year change7.33%
  • Beta0.3313
Data delayed at least 20 minutes, as of Oct 04 2024 16:35 BST.
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Profile data is unavailable for this security.

About the company

Greencoat UK Wind PLC is a renewable infrastructure fund, invested in United Kingdom wind farms. The Company's objective is to provide investors with an annual dividend that increases in line with retail price index (RPI) inflation while preserving the capital value of its investment portfolio in the long term on a real basis through reinvestment of excess cash flow. The Company invests in United Kingdom wind farms, predominantly with a capacity of over 10 megawatts (MW). The Company’s portfolio comprises interests in approximately 49 operating wind farms totaling 2,007MW capacity. The Company's portfolio includes Andershaw, Bin Mountain, Braes of Doune, Carcant, Church Hill, Crighshane, Deeping St Nicholas, Douglas West, Drone Hill, Earl’s Hall Farm, Twentyshilling, Slieve Divena 2, Kype Muir Extension, Windy Rig, and various others. The Company's investment manager is Schroders Greencoat LLP.

  • Revenue in GBP (TTM)214.02m
  • Net income in GBP79.79m
  • Incorporated2012
  • Employees0.00
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Profile

Management group(s)Schroders Greencoat LLP
AIC sectorRenewable Energy Infrastructure
ISINGB00B8SC6K54
Launch date27 Mar 2013
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

To provide investors with an annual dividend that increases in line with RPI inflation while preserving the capital value of its investment portfolio in the long term on a real basis through reinvestment of excess cash flow.

Managed by

Stephen Lilley, Matt Ridley

Management & contract fees

A combination of a Cash Fee and an Equity Element. NAV up to and including GBP 500m, 0.25%; NAV over GBP 500m and up to and including GBP 1,000m, 0.225%; NAV over GBP 1,000m, 0.2%; over GBP 3,000m, 0.175%, paid in quarterly. The Equity Element: NAV up to and including GBP 500 m, 0.05% ; over GBP 500m up to and including GBP 1,000m, 0.025%.

Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
UKW:LSE since
announced
Transaction
value
Kype Muir Extension Wind Farm LtdDeal completed24 Sep 202424 Sep 2024Deal completed1.22%--
Data delayed at least 20 minutes, as of Oct 04 2024 16:35 BST.

Peer analysis

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
HgCapital Trust plc295.58m280.70m2.31bn0.002.31bn0.00
Monks Investment Trust PLC420.74m398.35m2.40bn0.002.40bn0.00
International Public Partnerships Ltd87.39m44.25m2.43bn0.002.43bn0.00
Renewables Infrastructure Group Ltd-80.30m-37.70m2.53bn0.002.53bn0.00
Man Group PLC1.06bn240.17m2.62bn1.79k2.62bn1.79k
HICL Infrastructure PLC35.20m30.50m2.62bn0.002.62bn0.00
RIT Capital Partners plc315.30m240.20m2.64bn62.002.64bn62.00
Bridgepoint Group PLC343.20m65.60m2.68bn378.002.68bn378.00
JPMorgan Global Growth & Income PLC572.01m552.22m2.78bn0.002.78bn0.00
Abrdn PLC1.41bn328.00m2.93bn5.06k2.93bn5.06k
3i Infrastructure PLC374.00m347.00m3.15bn0.003.15bn0.00
Greencoat UK Wind PLC214.02m79.79m3.19bn0.003.19bn0.00
IG Group Holdings plc998.10m307.70m3.32bn2.57k3.32bn2.57k
Alliance Trust PLC647.25m601.66m3.43bn0.003.43bn0.00
Polar Capital Technology Trust plc1.15bn1.12bn3.62bn0.003.62bn0.00
St James's Place PLC26.70bn-6.60m3.98bn2.30k3.98bn2.30k
Data as of Oct 04 2024. Currency figures normalised to Greencoat UK Wind PLC's reporting currency: UK Pound GBX
Data Provided by LSEG
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